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CryptoWorld News reports that Wu said that Bitcoin developer Paul Sztorc announced that he is assisting in creating a new Bitcoin hard fork called "ecash," which is expected to launch in August this year. Bitcoin holders will receive ecash at a 1:1 ratio. The project's L1 code remains compatible with Bitcoin Core, will activate BIP300/301 via CUSF, and introduce seven Drivechain second-layer networks supporting merged mining. Sztorc stated that, unlike the 2017 BCH fork, the ecash name does not contain "bitcoin," and he issued a warning four months in advance. The team will provide token split tools to replay all initial transactions.